The New York-based firm disclosed a $14.9 million position in Goldman Sachs (>> Goldman Sachs Group Inc) and made a new bet on Bank of America (>> Bank of America Corp) worth $3.9 million. One of its biggest buys during the last three months of 2016 was a call option on the S&P Select Sector SPDR Fund - Financial Sector worth $72.6 million.
A number of asset managers bought into financial stocks during the final months of 2016 after Trump's surprise victory suggested that tax cuts and a reduction of regulatory burdens plus higher interest rates could benefit the financial sector.
Soros recently hired UBS executive Dawn Fitzpatrick to be the firm's chief investment officer, putting a woman in charge of his portfolio for the first time.
Soros sold his entire stake in Procter & Gamble (>> Procter & Gamble Co), while Trian Fund Management bought a stake worth $3.5 billion in the company.
(Reporting by Svea Herbst-Bayliss; Editing by Bernard Orr)